David Harvey is an incredible economist and writer. He critiques and does and in depth an in depth analysis of the writings of another great man in Karl Marx in his book called "A Companion To Marx's Capital" and this is a good learning
Piece into what a top university professor thinks of some of Karl Marx's historical writings. Harvey looks into Marx's thoughts that there will always be a large poor underclass through the intrinsic way capitalism is structured. Large-scale industry requires a pool of cheap labour to keep capitalist mass accumulation on a massive scale and dependency on a system that requires much transitions trough technology will predictable cause major employment instability for the masses of working poor. This is basically set up this way by the ruling class to ensure weakness of the worker degrading his status in the corporation and community in comparison to the manager/owner. David Harvey writes a lot about technology in this book and its role in displacing people easily and its role in keeping inequality in life continuing is often understated. If people are kept into believing that their fate is due to machines innovations and beyond their control to fight back you have a complacent working population that can be manipulated at will by owners of production. Of course the manufacturing dominance base in the United States has been replaced by the financial corporation and moving modes of operation overseas did much to end the growing power and influence of the American worker and increase the power of the credit makers. The European comparatives were not able as successfully move as many jobs to other countries thanks to strong socialist countries and thus you see a higher improved lifestyle and workers in Europe compared to deregulated American counterparts. The class struggle Marx talks about is repeated like on every country and the struggle of all workers against those who gain fortunes through exploitation over the years continues. Thanks to the likes of David Harvey and other great professors generations of students studying economics hears an alternative to capitalism and necessary battles against their abuses that continues to this day. The amount of dispossession of land from peasants in the name of capital development continues unabated and one must wonder what Marx would think about this This is a very academic difficult read that will expose you and open up ideas on one of history's most controversial thinkers.
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